

The Fastest Way To Go Broke In Real Estate

Flipping a house is the fastest way to go brokeas a real estate investor—unless you follow this one rule.
Having flipped around 200 houses, I can tell you that the most critical factor you can’t change after purchase is the price you paid for the property.
To make sure you have enough margin to cover any mistakes or changes and still make a profit:
Know Your ARV
Accurate Repair Estimates
Buy at the Right Price
Get it at the right price, and you’ll have the margin to cover mistakes and still make a solid profit.
Buy smart. Flip smart.
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